News

Average deal size tumbles as large lot size deals dry up in European commercial property market.The average transaction size completed in the European commercial real estate market in the first half of 2009 has fallen by more than half since the peak of the market in 2007, reflecting the extent to which the credit crunch has affected the ability of investors to complete large deals in today’s mark...

ARENDATOR.RU, one of the top information resources on commercial real estate in Russia have asked leaders of the industry about the second wave of crisis in Russia. Will the bank loan arrears, that have already reached 15-20% mark today, be the reason for economy slow down and become a result of real estate market collapse? What shall we expect during the next six months?Darrell Stanaford, Managin...

CB Richard Ellis prepared "Back from the Brink… But What Next?", a new Global MarketView report.It reports some stabilisation and recovery in the world’s commercial real estate markets at the mid-point of 2009.The quarterly global report, which scrutinises economic and real estate trends across the world’s three key regions, looks at the obvious indicators of weak market conditions but also identi...

A group of licensed appraisers at Scot Holland | CB Richard Ellis | Kazakhstan has completed the valuation of an office building belonging to the ‘Ak Erke’ company in Almaty. ‘Ak Erke’ is a large distribution company and the representative of L’Oreal in Kazakhstan, and needed the determination of the current market value of the office building located in the most prime area in Almaty for a further...

CB Richard Ellis prepared the latest report on European Investment Market in Q2 2009. According to the report, turnover for the second quarter (Q2) of 2009 totaling €13 billion, a 12% increase on the €11.6 billion transacted in Q1 2009. A more pronounced renewal of investor interest can be observed in markets that have already seen the greatest price correction, such as London, Madrid, Barcelona a...

Scot Holland | CB Richard Ellis has announced the completion of a deal and signing of a Lease Agreement for a new office space for “General Electric” (GE) in the “Grand Alatau” business center in Almaty, Kazakhstan. GE is a global infrastructure, finance and media company established 130 years ago, taking on the world’s toughest challenges, starting from everyday-use light bulbs to fuel-cell techn...

CB Richard Ellis Group, Inc. (NYSE: CBG) today announced that it has been selected by Nissan Europe S.A.S as its strategic property advisor for the region. The European contract win marks an important expansion of Nissan’s relationship with CBRE in North America, where CBRE have been engaged as a full-service real estate partner since July 2007. The European contract, primarily comprising transact...

Atyrau, July 3, 2009- Scot Holland | CB Richard Ellis announced signing of the lease agreement by Tecnomare in Atyrau. Tecnomare provides a complete range of design and engineering services, implementation of oil and gas production and transportation projects for international operators. The company was established in 1971, and has been operating on the Kazakhstan market for 7 years. The company o...

Almaty, July 3, 2009 Scot Holland | CB Richard Ellis announced of a completed transaction and a lease agreement signed by KRKA company regarding the office space in «Nurly Tau» business complex in Almaty. Cooperation with KRKA pharmaceutical company started in 2007 when the company was in search of office space. KRKA also co-operated with Global Recruitment, an executive search sub-division of Sco...